Austria will take over the Presidency of the Council of the European Union on 1 July 2018. It will be the third time for Austria holding the Presidency (after 1998 and 2006). While holding the Presidency, Austria is expected to accelerate legislative and political decisions.

The OECD Guidelines are the most comprehensive code of responsible business conduct that governments have committed to promoting. The OECD has recently launched a new Due Diligence Guidance for all sectors.